First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM) Shares Sold by Pine Valley Investments Ltd Liability Co

Posted by Micah Haroldson on Feb 25th, 2025

Pine Valley Investments Ltd Liability Co trimmed its holdings in shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM – Free Report) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 102,343 shares of the company’s stock after selling 274 shares during the period. Pine Valley Investments Ltd Liability Co owned approximately 0.10% of First Trust Enhanced Short Maturity ETF worth $6,117,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of FTSM. Marshall Investment Management LLC bought a new position in First Trust Enhanced Short Maturity ETF in the 4th quarter valued at about $33,000. AdvisorNet Financial Inc acquired a new stake in shares of First Trust Enhanced Short Maturity ETF in the 4th quarter worth approximately $91,000. Centaurus Financial Inc. boosted its holdings in shares of First Trust Enhanced Short Maturity ETF by 26.4% in the third quarter. Centaurus Financial Inc. now owns 2,521 shares of the company’s stock valued at $151,000 after acquiring an additional 527 shares in the last quarter. Global Trust Asset Management LLC bought a new position in shares of First Trust Enhanced Short Maturity ETF in the fourth quarter valued at approximately $159,000. Finally, Farmers & Merchants Investments Inc. acquired a new position in shares of First Trust Enhanced Short Maturity ETF during the third quarter valued at approximately $177,000.

First Trust Enhanced Short Maturity ETF Stock Performance

FTSM opened at $59.97 on Tuesday. The business has a 50 day moving average price of $59.87 and a two-hundred day moving average price of $59.91. First Trust Enhanced Short Maturity ETF has a 1-year low of $59.54 and a 1-year high of $60.16.

First Trust Enhanced Short Maturity ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 4th. Stockholders of record on Friday, January 31st were issued a $0.226 dividend. The ex-dividend date was Friday, January 31st. This represents a $2.71 annualized dividend and a dividend yield of 4.52%.

First Trust Enhanced Short Maturity ETF Company Profile

(Free Report)

The First Trust Enhanced Short Maturity ETF (FTSM) is an exchange-traded fund that is based on the Bloomberg U.S. Short Treasury Bond index. The fund is actively-managed to invest in a variety of fixed income securities with a target maturity of less than three years. FTSM was launched on Aug 5, 2014 and is managed by First Trust.